Manufacturing value added in the Faroe Islands in 2024 — 383,495,123 US$. Ranked 141 in the world out of 177. Since 1998, the indicator has risen by 243.7%.
1998–2024 · US$
How the value compares with the world and the groups this territory belongs to: Faroe Islands
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 383M | −65.99M | −14.68% |
| 2023 | 449M | +84.64M | +23.2% |
| 2022 | 365M | −30.31M | −7.67% |
| 2021 | 395M | +41.36M | +11.69% |
| 2020 | 354M | +13.68M | +4.02% |
| 2019 | 340M | +53.34M | +18.6% |
| 2018 | 287M | +11.57M | +4.2% |
| 2017 | 275M | +42.32M | +18.17% |
| 2016 | 233M | −7.03M | −2.93% |
| 2015 | 240M | −24.81M | −9.37% |
| 2014 | 265M | +57.53M | +27.77% |
| 2013 | 207M | +6.35M | +3.16% |
| 2012 | 201M | +966,410 | +0.48% |
| 2011 | 200M | +8.72M | +4.56% |
| 2010 | 191M | −6.64M | −3.36% |
| 2009 | 198M | −23.1M | −10.46% |
| 2008 | 221M | +11.73M | +5.61% |
| 2007 | 209M | +28.93M | +16.05% |
| 2006 | 180M | +19.05M | +11.82% |
| 2005 | 161M | −4.53M | −2.73% |
| 2004 | 166M | +7.31M | +4.62% |
| 2003 | 158M | +14.71M | +10.24% |
| 2002 | 144M | +13.06M | +10% |
| 2001 | 131M | +18.27M | +16.26% |
| 2000 | 112M | −9.89M | −8.09% |
| 1999 | 122M | +10.67M | +9.57% |
| 1998 | 112M | — | — |
The same indicator for neighboring countries — with links to their pages
Manufacturing value added in current US dollars — what plants and factories create, without mining, construction or energy. It is a subset of industry in the broad sense, and in absolute figures it is the measure by which industrial powers are identified: the top ten by this indicator differ from the list of the largest economies, and the divergence shows where an economy rests on production and where on services or raw materials.
Important: Part of industrial value added, not a quantity separate from it: the two indicators cannot be added together.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The contribution of manufacturing alone — without mining, utilities or construction.
Economy Industry value addedHow much a country's industry creates in money terms — all of it, including mining, construction and utilities.
Trade High-technology exports (% of manufactured exports)What part of manufactured exports consists of high-technology products.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.
